Tags Insurance

Tag: Insurance

Automotive insurers admit to being ill-prepared for digital risks

A study published this week has found that only 18 percent of motor insurers believe that the industry is capable of responding to digital...

Octo Telematics invests $40 million in IoT insurance platform

Octo Telematics, known for its telematics products for the automotive insurance industry, has developed an Internet of Things insurance platform. Dubbed the Next Generation Platform...

Legal & General signs up to offer customers the Leakbot detector

Legal & General has become the third UK insurance provider to offer the LeakBot smart home device for detecting water leaks to its customers. It...

UK insurance market lags on digital, says LexisNexis

The UK insurance market needs to adopt digitization faster – or risk losing out to new, more automated players, according to a new study...

With machine learning, Control F1 recognizes drivers within minutes

Digital technology company Control F1 has this week been granted a worldwide patent for its machine learning system for driver recognition. The system supposedly uses...

Humans and machines should be colleagues, not competitors

IoB Insiders Andy Yeoman, CEO at Concirrus, discusses the role of human/machine collaboration in the workplace of the future. It’s just one month since International Workers Day...

Tictrac and Munich Re launch Wellgage for insurance partners worldwide

London-based health tech company Tictrac has joined forces with insurance company Munich Re to launch Wellgage, an intuitive health engagement platform that could have...

AWS makes Amazon Lex AI available to customers

Amazon Web Services (AWS), the cloud computing arm of e-commerce giant Amazon, has made Amazon Lex available to all customers. Amazon Lex is an artificial...

Customers unconvinced by insurance providers’ IoT ambitions

The majority of US insurance companies see a bright future ahead for themselves as homes increasingly become more ‘smart’. According to new research findings...

Insurance sector ripe for IoT disruption, says report

Larger traditional insurers typically work in much the same way as they have done for over 300 years. These old-school insurance companies have come...

AI and IoT snatch almost half of insurtech investment in 2016

Almost half of global investment in insurtech (insurance technology) start-ups involves artificial intelligence (AI) and the Internet of Things (IoT), according to research from management...

IoB Insiders: Risk, digital twins and insurance

IoB Insiders Could digital twins hold the key to insurance companies building a better picture of customer assets, asks Andy Yeoman, CEO of Concirrus? With the rise...